Judge Upholds Dismissal Of Fraudulent Transfer Claims Against Michigan Tribe

Mealey's (January 24, 2018, 11:48 AM EST) -- DETROIT — A Michigan Indian tribe was freed Jan. 23 by a federal judge from having to face a bankruptcy trustee’s fraudulent transfer claims, with the judge affirming bankruptcy court findings that the tribe did not waive its sovereign immunity from suit and that a waiver cannot be implied based on theories of alter ego and veil piercing (Buchwald Capital Advisors, LLC v. Sault Ste. Marie Tribe of Chippewa Indians, et al., No. 16-cv-13643, E.D. Mich., 2018 U.S. Dist. LEXIS 10110)....